STARCEMENT trade ideas
STARCEMENT: ReBuild your Portfolio.Fundamentally sound.
#1. Dividend paying company.
#2. significant Margin Growth.
#3. Prior Election Extra ordinary fundamentals:
Infrastructure need Cement.
Collecting Vote in favour needs more Infra projects.
Major Party in Ruling Govt. has much more Strength in North India (now also in East India).
Star Cement has More Base in North, East India.
Conclusion: TOP Line & Bottom Line Growth.
Technical mentioned on chart.
Education purpose only.
#STARCEMENTC > 137 with strength will activate the stock for
Target 147 / 160
SL 122
CCI(W) crosses 100
CCI(D) >100
#STARCEMENTBullish Wedge
Reversal confirmation with strength
Crossing Fibo 61.8 with strength
CCI(D) crosses 100
CCI(W) crosses 100
Target 148 / 157
SL 125
